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    Three-Family Residential Income Property Title is generated by Realmo AI

    592 Long Pond Rd, Mahopac, NY 10541

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    For Sale
    $875,000

    Legal three-family with two buildings, detached garage rental income, and an in-ground pool on a corner lot.

    Type:Investment
    Lot size:
    0.75 Acres
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 26 at 2:40 am

    Property Features for 592 Long Pond Rd

    General Information

    Standard status
    Active
    Lot size
    0.75 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1955

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    Michael A. Tarallo

    Listing office

    Listing date Jun 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Michael A. Tarallo

    HighLights

    • Legal three‑family property on a level 0.75‑acre corner lot with two separate buildings plus a detached two‑car garage.
    • Main building has two spacious 2‑bedroom apartments; detached garage building includes a 1‑bedroom apartment above.
    • Multiple income streams: residential unit rentals plus separate detached garage rental income.
    • Two units are month‑to‑month occupied; one apartment will be delivered vacant for owner‑occupancy or lease at current market rates.
    • On‑site amenities include an in‑ground swimming pool (fully operational during last season), ample off‑street parking, and additional storage.
    • Utilities include a private well and two septic systems; property built in 1955.

    Overview

    This legal three-family compound includes two separate buildings on a level, easy-to-maintain corner lot. The main building has two spacious two-bedroom apartments, and the detached garage building has a one-bedroom apartment above a two-car detached garage. The property also includes an in-ground swimming pool, private well, two septic systems, ample off-street parking, and additional storage opportunities.

    According to current operations, the property is producing an approximate 6% cap rate with below-market-value rents. Two of the residential units are currently occupied by month-to-month tenants, and one apartment will be delivered vacant, creating flexibility for an owner-occupant or for immediate leasing at current market rental rates.

    For tenants, this layout offers a combination of multi-unit living options and an additional income stream from the detached garage rental. For buyers and investors, the structure provides multiple revenue sources through the three legal residential units plus the separate garage apartment, along with a clear opportunity to reposition the vacant unit. The property is located near shopping, restaurants, recreation, schools, and major commuter routes.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Accounting Firm Hotel & Motel Kitchen & Bath Showroom Department Store Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mahopac
    County
    Putnam
    State
    New York
    Longitude
    -73.74487
    Latitude
    41.408737

    FAQs

    What type of property is this?
    Triplex - Legal three-family with two buildings, detached garage rental income, and an in-ground pool on a corner lot.
    Where is this triplex located?
    The property is located at 592 Long Pond Rd Mahopac, NY.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Legal three‑family property on a level 0.75‑acre corner lot with two separate buildings plus a detached two‑car garage.; Main building has two spacious 2‑bedroom apartments; detached garage building includes a 1‑bedroom apartment above.; Multiple income streams: residential unit rentals plus separate detached garage rental income.
    More about this property
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